Economic recovery on track but risks remain, warns IMF

International Monetary Fund headquarters

Despite some risk stemming from investment in emerging markets, the global economic recovery remains on track and has been boosted by positive first-quarter data that suggests a pick-up in trade both in developed and emerging markets, according to a senior official at the International Monetary Fund.

"Overall data suggests the damage to supply chains caused by floods in Thailand appears to be receding, the impact of the earthquake and tsunami in Japan last March has waned, and reconstruction

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